Investment

Investment , Energy Transition

Op-ed: What Oil Producers Need to Do to Stay Relevant

Here are the three areas legacy oil and gas companies must invest in to stay relevant amid the energy transition.

June 17, 2021

Investment , Energy Transition , Technology

PATH FORWARD: Why Carbon Capture is Critical for US Oil

Here’s what makes carbon capture important and why oil and gas companies in the U.S. are well-positioned to take the lead.

June 17, 2021

Investment , Emissions , Energy Transition

Duke Energy Begins Construction in Texas of its Largest Solar Project Yet

As one of the nation’s top renewable energy providers, Duke Energy plans to double its enterprise wide renewable portfolio to 16 gigawatts by 2025.

June 15, 2021

Investment , Emissions , Energy Transition , Technology

US Energy Department Shoots for the Stars on Hydrogen

U.S. Energy Secretary Jennifer Granholm wants to slash the cost of green hydrogen over the next decade, which would make it cheaper to produce hydrogen from renewables than from natural gas.

June 10, 2021

Investment , Policy & Regulations , Energy Transition

US Eyes Gulf of Mexico to Advance Offshore Wind Energy Development

The Bureau of Ocean Energy Management will publish a request of interest to gauge interest in offshore wind development in the Gulf of Mexico Outer Continental Shelf—already a hub for oil and gas production.

June 8, 2021

Investment , Emissions , Energy Transition

Bill Gates, EU Pledge $1 Billion Boost for Green Technology

The EU and an energy investment program founded by Bill Gates will target hydrogen produced from renewable energy, sustainable aviation fuels, technology to suck CO₂ out of the atmosphere, and long-duration energy storage.

June 7, 2021

Private Equity , Investment , Company Profiles , Exploration & Production , Health, Safety & Environment , Emissions , Energy Transition

Engine No. 1, the Giant-Killing Hedge Fund, Has Big Plans

It has been depicted as a new David-and-Goliath tale for Wall Street: a tiny hedge fund called Engine No. 1 went up against the mightiest oil company in the U.S. and won three seats on its board, with a mandate to prepare it for a future free of fossil fuel.

June 4, 2021

Investment , Technology

Ex-Enron CEO Taps McKinsey Colleagues for Energy Investment Venture

Former Enron CEO Jeffrey Skilling's stealth energy investment venture has launched, two people familiar with the matter said on June 3, staffed with former McKinsey & Co. consultants like himself and offering a technology edge to oil and gas returns.

June 3, 2021

Investment , Energy Transition , Technology

Saudi Aramco Energy Ventures Invests in Energy Vault

Companies will also focus on deployment of Energy Vault’s transformative, new EVX energy storage technology within Aramco.

June 2, 2021

Investment , Energy Transition , Technology

Offshore Wind Developer Orsted Plans $57 Billion Drive to Be No.1 in Green Energy

The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at limiting global warming.

June 2, 2021